ValuEngine Lowers Cyanotech Corporation (CYAN) to Sell

ValuEngine cut shares of Cyanotech Corporation (NASDAQ:CYAN) from a hold rating to a sell rating in a research note issued to investors on Friday.

Separately, TheStreet raised Cyanotech Corporation from a d rating to a c- rating in a research note on Monday, August 28th.

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Cyanotech Corporation (NASDAQ:CYAN) opened at 3.95 on Friday. Cyanotech Corporation has a 12 month low of $3.25 and a 12 month high of $5.35. The firm’s market cap is $22.46 million. The stock’s 50 day moving average is $4.46 and its 200 day moving average is $3.89.

Cyanotech Corporation (NASDAQ:CYAN) last posted its quarterly earnings data on Thursday, August 10th. The biotechnology company reported $0.09 EPS for the quarter. The business had revenue of $8.81 million for the quarter. Cyanotech Corporation had a negative return on equity of 0.14% and a negative net margin of 0.07%. On average, equities analysts forecast that Cyanotech Corporation will post ($0.01) earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “ValuEngine Lowers Cyanotech Corporation (CYAN) to Sell” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another site, it was illegally copied and republished in violation of international copyright and trademark laws. The correct version of this piece can be read at https://ledgergazette.com/2017/10/09/valuengine-lowers-cyanotech-corporation-cyan-to-sell.html.

Cyanotech Corporation Company Profile

Cyanotech Corporation is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The Company’s products include Hawaiian Spirulina Pacifica and Hawaiian BioAstin. Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits and as a source of antioxidant carotenoids.

Cyanotech Corporation (NASDAQ:CYAN) opened at 3.95 on Friday. Cyanotech Corporation has a 12 month low of $3.25 and a 12 month high of $5.35. The firm’s market cap is $22.46 million. The stock’s 50 day moving average is $4.46 and its 200 day moving average is $3.89.

Cyanotech Corporation (NASDAQ:CYAN) last posted its quarterly earnings data on Thursday, August 10th. The biotechnology company reported $0.09 EPS for the quarter. The business had revenue of $8.81 million for the quarter. Cyanotech Corporation had a negative return on equity of 0.14% and a negative net margin of 0.07%. On average, equities analysts forecast that Cyanotech Corporation will post ($0.01) earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “ValuEngine Lowers Cyanotech Corporation (CYAN) to Sell” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another site, it was illegally copied and republished in violation of international copyright and trademark laws. The correct version of this piece can be read at https://ledgergazette.com/2017/10/09/valuengine-lowers-cyanotech-corporation-cyan-to-sell.html.

Cyanotech Corporation Company Profile

Cyanotech Corporation is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The Company’s products include Hawaiian Spirulina Pacifica and Hawaiian BioAstin. Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits and as a source of antioxidant carotenoids.